KARACHI: The Pakistan Stock Exchange (PSX) has announced a significant increase in the financial limit per order for share purchases in both the ready and futures markets, aiming to enhance trading volume and investor participation.
According to a PSX notice, the financial limit for buying shares per order in the ready market has been doubled from Rs50 million to Rs100 million. Similarly, the limit for the futures market has been increased from Rs25 million to Rs50 million.
Investors will now be able to buy shares worth Rs100 million in the ready market in one order. Earlier, the investors could buy shares worth Rs50 million per order in the ready market.
Despite the increased financial limits, the existing share volume limits remain unchanged. Investors can purchase up to 1 million shares per order in the ready market and 500,000 shares per order in the futures market.
The new policy will take effect from Monday, March 3. Market experts believe this move will boost trading activity and attract more investors to the stock market.
